Sunbelt Rentals (SUNB) director receives share exchange and RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunbelt Rentals Holdings, Inc. director Renata Ribeiro reported two stock-related acquisitions. On February 27, 2026, she acquired 600 shares of common stock in a one-for-one exchange for Ashtead Group plc ordinary shares, with no cash changing hands.
On March 2, 2026, she received 1,189 restricted stock units that each represent a right to one share of Sunbelt Rentals common stock. These units will vest on the earlier of March 2, 2027 or the day immediately before the next annual shareholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ribeiro Renata
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,189 | $0.00 | -- |
| Grant/Award | Common Stock | 600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,789 shares (Direct)
Footnotes (1)
- Represents common stock of the Registrant acquired in exchange for ordinary shares of Ashtead Group plc ("Ashtead") beneficially owned by the Reporting Person, upon completion of the scheme of arrangement effected by Ashtead, the Registrant's predecessor, under Part 26 of the UK Companies Act 2006. The exchange ratio was one-to-one and no cash consideration was paid or received. Represents restricted stock units which will vest on the earlier of March 2, 2027 and the day immediately preceding the date of the next annual shareholder meeting. Each restricted stock unit represents a contractual right to receive one share of common stock of the Registrant.
FAQ
What insider transactions did SUNB director Renata Ribeiro report on this Form 4?
Director Renata Ribeiro reported two acquisitions. She acquired 600 common shares in an exchange for Ashtead Group plc stock and received 1,189 restricted stock units that each represent a right to one Sunbelt Rentals common share upon vesting.
What are the terms of the 1,189 restricted stock units reported for SUNB?
The 1,189 restricted stock units will vest on the earlier of March 2, 2027 or the day immediately preceding the next annual shareholder meeting. Each restricted stock unit is a contractual right to receive one share of Sunbelt Rentals common stock upon vesting.
How does this Form 4 affect Renata Ribeiro’s potential ownership in SUNB?
The filing shows 600 common shares now directly held and 1,189 restricted stock units that may convert into common shares when they vest. Together, these transactions increase her potential economic exposure to Sunbelt Rentals Holdings, Inc. compared with prior levels.